Selling your house “For Sale by Owner” is a method to avoid foreclosure.
Selling to a cash buyer is a quick way to handle a foreclosure.
A loan modification is working with the current lender to modify the loan and payment to get back on track and pull the property out of foreclosure. Banks have very specific guidelines for what they will approve within a loan modification and they do not tell homeowners what they are looking for in order to get an approval.
Listing a property with an agent is a way to avoid foreclosure. The agent would understand the current real estate market and list the house appropriately.
Start learning how all this really works – Sometimes not in your favor